New Capacity Boosts YC, Q1 Profits Expected to Grow by 25%
2005-03-25
March 25, 2005(Times)
This year, significant price increases in petrochemical raw materials have led downstream plastic manufacturers to adopt a cautious outlook. Among them, YC (4306) is benefiting from additional BOPA production capacity, maintaining a steady growth trajectory in both revenue and profits. Investment analysts estimate that YC's new BOPA capacity will contribute around 36 million NT dollars in monthly revenue, projecting a 13% year-on-year revenue increase for Q1, reaching 600 million NT dollars. Quarterly profit is expected to be approximately 30 million NT dollars, marking a 25% increase from the same period last year. Annual revenue for YC's plants in China and Taiwan is projected to rise from last year’s 4.3 billion NT dollars, targeting 5 billion NT dollars this year.
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